OilSanctions

Trump's Tariff Strategies: Facing Challenges with China and Venezuela's Oil Market

8 days ago

In the latest on international trade dynamics, U.S. policy shifts under the Trump administration are imposing substantial pressure on the China refining sector. As the U.S. intensifies its campaign against Venezuela’s oil exports, refiners in China are bracing for yet another round of challenges affecting their operational frameworks.

UBS Extended Credit Line to Oil Company Prior to UK Sanctions

3 months ago

In a recent revelation that has drawn attention and raised eyebrows, UBS Group AG, the Swiss banking giant, is reported to have initiated a significant credit line arrangement with an unnamed oil company just three months ahead of the imposition of UK sanctions on the firm. This development highlights the intricate connections within the global energy market and raises questions about the timing and implications of financial support in light of geopolitical tensions.